Karen Kruger

• Company Overview: Distributor of bar code equipment, printers
• Distributor of bar code equipment, printers
• Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
• Managed the entire end-to-end credit approval process from application review through contract negotiation and final execution.
• Improved credit risk management by implementing effective underwriting policies and procedures.
• Implemented an effective training program for new hires that accelerated their ability to contribute effectively within the team environment quickly.
• Investigated and evaluated customers for creditworthiness and potential risk factors.
• Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
• Conducted comprehensive financial analysis to assess creditworthiness for both new and existing customers.
• Collected data and performed trend and variance analysis to mitigate risk arising from bad debt.
• Work cross-functionally with sales, management, and other departments to maintain effective operations.
• Established a culture of continuous improvement within the credit department, driving process enhancements that increased productivity without sacrificing quality or control measures.

• Chain Stores
• Wholesalers
• Independents
• Pharmacies
• Doctors
• Government
• International Accounts
• Offered A Better Position In The Same Industry

• Company Overview: Distributors of chemical products/polymers
• Overall Responsibility Of All The Departments
• Managing Both The Costs & Revenue Of The Company
• Putting In New Process & Procedures To Increase
• Productivity Standards Visits With Local & Internal Suppliers
• Arranging And Controlling Credit Insurance Policy
• Interfacing With The All Credit Bureaus
• Budgeting And Forecasting, Cashflow Analysis
• Monthly Management Reporting Legal And Collection Process
• Credit Limit Assessment And Analysis Distributors Of Chemical Products/Polymers Needed A More Permanent Position
• Cultivated strong relationships with clients, vendors, and partners to ensure long-term success and loyalty.
• Monitored financial performance, set budgets and controlled expenses to provide financial stability and long-term organizational growth.

• Company Overview: Manufacturers of chemical products
• Credit Assessment Of Customers Local & Africa
• Financial Statements Assessments
• On-Site Customer Visits Arranging And Controlling Credit Insurance Policy
• Budgeting And Forecasting, Cashflow Analysis
• Monthly Management Reporting
• Legal And Collection Process
• Credit Limit Assessment And Analysis
• Manufacturers Of Chemical Products
• To Join A Similar Environment Where I Had The Option Of Being 50% Shareholder

• Company Overview: Manufacturers of chemical products
• Credit Assessment Of Customers
• Financial Statements Assessments
• On-Site Customer Visits
• Arranging And Controlling Credit Insurance Policy
• Budgeting And Forecasting, Cashflow Analysis
• Monthly Management Reporting
• Legal And Collection Process
• Credit Limit Assessment And Analysis
• Increased efficiency in debt recovery efforts by utilizing data analysis tools to identify trends and prioritize collections activities.
• Proactively identified and addressed potential credit risks, mitigating financial losses while ensuring business growth.
• Managed a team of credit controllers to maximize productivity and achieve departmental goals.

• Company Overview: Information technology
• Deliver Invoices To Government Departments
• Visit Government Dept's Weekly To Ensure Procedures Are Correct And Timeous Payments
• Build Collaborative Relationships With Government Officials (Financial & Procurement Dept's)
• Assist Black Empowerment Dealers With Their Business Strategies And Collections
• Review Debtors Age Analysis
• Sort Out All Queries On 30 Million Debtors Book
• Keep Monthly Reconciliations And Overdues To A Minimum (Less Than 3%)
• Customers Include Justice Dept, Defence, And Education, Land Affairs.Telkom, Eskom All Telephonic Collections, Queries

• Company Overview: Hotel and resort operator
• Temp Position

• Company Overview: Distributors motor care products and other consumer goods
• Full Financial Function To Balance Sheet
• General Ledger And Control Accounts
• Reconciliations
• Creditors Debtors/Credit Control
• Paye And Vat Returns
• Inventory Control
• Shareholders Loan Accounts
• Budgeting And Forecasting
• Bank Accounts And Recons
• Served as a trusted resource for colleagues seeking guidance on financial matters, sharing expertise and insights to support informed decision making.
• Assisted in the preparation of quarterly board presentations by compiling relevant financial data into clear visuals and summaries.
• Monitored cash flow closely to ensure sufficient funds were available for daily operations and capital investments.

• Company Overview: Part of Beige Pharmaceuticals
• Analyse Financial Statements
• Cash Flow Cycles
• Debtors Reconciliations
• Total Debtors Book R6.5 Million
• 1005 Customers Black Market / Retail / Smme
• Cashbook Reconciliations
• Telephonic Collections
• Loading Of Entire Debtors, Sales Files Into New Computer System
• Negotiated payment terms with customers based on their individual circumstances, maintaining good relationships while protecting the company''s interests.

• Co-Ordination Of The Cbet (Competency Based Education & Training) Programme
• Liaising With Students And Their Respective Managers, The Cfa And Service Providers
• Presentation Of Various Accounting Modules
• Responsible For Recruiting New Students Country Wide
• Preparation Of All Costs For Bookkeeper
• Presentations Of Current Training Programmes To All Inter-Companies
• Editor Of Newsletter On Cbet
• Student Evaluation And Career Path Analysis
• Updating All Managers On Performance Of Staff In Form Of A Monthly Report
• The Function Was Outsourced And The Position Became Redundant

• Staff Of 10 Reporting
• Controlled A Book Of R40 Million On A Open Item System
• Responsible For All Government Accounts And Export Clients
• Full Customer Reconciliations
• Assisted In Settling Monthly Targets And Monitoring Debtors Days For London
• Customer Visits – Mainly Include Problem Customers –

Government

• Capturing Of Receipts And Allocations Of Payments
• Processing Debtors Receipts (Completion Of Form E’S
• Responsible For Debtors Reconciliations, Monthly Statements And Ageing Analysis
• Preparation Of Interest Schedules For Overdue Debtors Processing Thereof
• Data Entry Of All Relevant Journals
• Analyzing Financial Statements Participation In Financial Year-End
• Played an integral role in the development of business continuity plans related to credit control operations, ensuring minimal disruption during unforeseen events.
• Head Hunted By Sab

• Responsible For Full Credit Control Department As Well As 10 Credit Controllers
• Better Career Prospects

• Seeking More Of A Challenge In The Line With My Qualifications